Global wafer fabrication equipment market is projected to witness a CAGR
of 3.07% during the forecast period to reach a total market size of
US$61.886 billion by 2023, increasing from US$51.618 billion in 2017.

Semiconductor wafer fabrication is defined as process for production of
integrated circuits on the semiconductor and helps in building required
electrical structures. The circuits created using wafer fabrication are
used in electrical and electronic devices. Rising demand of consumer
electronic devices, automotive, medical devices will boost the growth of
global Wafer fabrication equipment market. Vigorous growth in the market
may also be attributed to the rising adaption of the innovative
technologies.